Added 1 week ago
-
Type: Detached
-
Style: Bungalow-Raised
-
Size: 2000 sqft
-
Lot Size: 60 x 125 Feet
-
Age: No Data
-
Taxes: $3,443 per year
-
Days on Site: 5 Days
-
Added: Nov 13, 2024 (1 week ago)
-
Updated:
-
Last Checked: 2 hours ago
-
MLS®#: X10426438
-
Listed By: Royal lepage your community realty
Turnkey cash flow positive investment property boasting a whopping 9.5% cap rate OR the perfect family home with a basement apartment for additional income. Currently rented by the room (4 of 6 rooms tenanted); (UPPER) room #1: $1,000/mo, room #2: $800/mo (vacant), room #3: $800/mo (vacant), room #4: $800/mo; (LOWER) room #5: $1,000/mo, room #6: $800/mo. Shared kitchen and bath on UPPER level & 2nd shared kitchen & bath on LOWER level. Total gross rent once fully leased: $5,200/month. Landlord pays all utilities. Nearly $2,000/mo potential net cash flow after all expenses including debt service. Tenants willing to stay or vacate if buyer is end user. Basement fully renovated approximately 1 year ago. Clean and extraordinarily well maintained property. Outstanding location, family-friendly neighbourhood.
Extras
All Existing Appliances Including 2 x Fridges, 2 x Stoves, 1 x W/D. All Elfs And Window Coverings.
Upcoming Open Houses
We do not have information on any open houses currently scheduled.
Schedule a Private Tour -
Contact Us
Property
Status: Sale
Property Type: Detached
Style: Bungalow-Raised
Size (sq ft): 2000
Area: Leamington
Availability Date: Flexible
Inside
Bedrooms: 4
Bedrooms Plus: 2
Bathrooms: 2
Kitchens: 2
Rooms: 6
Den/Family Room: No
Air Conditioning: Central Air
Fireplace: No
Washrooms: 2
Building
Basement: Apartment
Basement 2: Sep Entrance
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick
Water Supply: Municipal
Special Designation: Other
Parking
Driveway: Private
Garage Spaces: 1
Garage Type: Attached
Covered Parking Spaces: 3
Total Parking Spaces: 4
Fees
Tax Year: 2024
Tax Legal Description: LT 26 PL 1593 LEAMINGTON ; LEAMINGTON
Taxes: $3,443
Highlights
Feature: Fenced Yard
Feature: School
Feature: School Bus Route
Land
Cross Street: Talbot St & Fuller A
Municipality District: Leamington
Fronting On: South
Parcel Number: 751350355
Pool: None
Sewer: Sewers
Lot Depth: 125 Feet
Lot Frontage: 60 Feet
Additional Media
- Virtual Tour: https://youriguide.com/36_pearl_ave_leamington_on
Rooms
Room details for 36 Pearl Avenue, Leamington
| Type | Dimensions | Description |
|---|---|---|
| Kitchen Main | 3.62 x 4.27 | |
| Prim Bdrm Main | 3.42 x 3.66 | |
| Foyer Main | 2.01 x 7.47 | |
| 2nd Br Main | 3.26 x 3.09 | |
| 3rd Br Main | 4.84 x 4.51 | |
| 4th Br Main | 3.39 x 3.39 | |
| Bathroom Main | 2.12 x 2.78 | 4 Pc Bath |
| Kitchen Bsmt | 3.02 x 4.30 | |
| Br Bsmt | 2.96 x 3.40 | |
| 2nd Br Bsmt | 7.12 x 4.32 | |
| Bathroom Bsmt | 1.65 x 1.78 | 3 Pc Bath |
| Laundry Bsmt | 2.66 x 2.22 |
Somewhat Walkable
- Some errands can be accomplished on foot.
Somewhat Bikeable
- Most errands require a car.
Cardinal Carter Middle School
Elementary: CatholicQueen of Peace Catholic School
Elementary: CatholicMargaret D Bennie Public School
Elementary: PublicSt Louis Catholic School
Elementary: CatholicQueen Elizabeth Public School
Elementary: PublicÉcole élémentaire catholique Saint-Michel
Elementary: CatholicTilbury District High School
Secondary: PublicCardinal Carter Catholic
Secondary: CatholicKingsville District High School
Secondary: PublicEssex District High School
Secondary: PublicBelle River District High School
Secondary: PublicLeamington District Secondary School
Secondary: Public-
Seacliffe Park
Seacliff Dr, Leamington ON 2.59km -
Rick Atkin Park
101 Robson Rd, Leamington ON N8H 4R6 3.14km -
Leash Free Dog Park
Essex ON 3.69km
-
RBC Royal Bank
35 Talbot St W, Leamington ON N8H 1M3 0.97km -
CIBC
69 Erie St S (Russell St.), Leamington ON N8H 3B2 1.04km -
Manulife Financial
75 Erie St S, Leamington ON N8H 3B2 1.05km